The FORESTING Network was created to realize the value of a new life in our society: “Work four hours a day, share everyday life, and manage your life.” The FORESTING Network will bring about a value shift of ‘labor’ in the existing society. It will be completed with the blockchain based rewarding social media and innovative financial services to fully support content creators. Users can contribute to the FORESTING platform through a variety of activities, including creating and providing content, writing comments, liking, and sharing. The contribution of users is evaluated using a new contribution assessment model presented by FORESTING Bank.

Video Player

What is Foresting?

‘FORESTING’ or ‘FORESTING Platform’ is a blockchain based social media platform that deviates from the distribution system of traditional social media platforms. It provides a fair value distribution system for users who are the true owners of the platform. They deliver content through blockchain technologies and contribute to platforms in a variety of forms.

Core Features

FORESTING looks to introduce a new ecosystem consisting of a FOREST (community members) working on the concepts of Networking, connecting and interacting. The ecosystem also encompasses the following features:

FORESTING Platform

Part of FORESTING operates as a blockchain social media platform that works under a decentralized system for fair value distribution.

FORESTING Bank

The core of FORESTING Network is to provide financial services to sustain the content remuneration. That will be available through the digital finance institution, FORESTING Bank.

FORESTING Lab

Besides supporting activities on the FORESTING Network, there is also support for communities and marketing activities of the content creators.

Vision of Foresting

“Connecting the world and making lives more valuable”

Roles and Structures of FORESTING

Foresting Service

Foresting will provide an intuitive blockchain-based social media platform with top class UX/UI and the technology to support a wide range of content, including images and videos.

FORESTING Network Value Chain

The FORESTING Network is set up with three departments. 1) blockchain rewarding Social media ‘FORESTING’, 2) digital banking services for FORESTING participants are transformed into a direct payment from the ‘FORESTING Bank’ and 3) the ‘FORESTING Lab’, providing infrastructures and supporting content creators. While each department’s respective functions and roles are separated, the core values of the FORESTING Network remain the same.

1) ‘FORESTING’: Blockchain based rewarding Social media

2) ‘FORESTING Bank’: Financial services for FORESTING Network participants

3) ‘FORESTING Lab’: Providing infrastructure and supporting content creators

4) Providing credit rating information

5) Financial services 6) Using infrastructure and creating better contents

Blockchain Based Rewarding Social media ‘FORESTING’

FORESTING is the platform’s revenue chain that allows users to quantify the content provider’s contribution to offer rewards using a distributed consensus method.

FORESTING, which will open a new world, is a combination of ‘Forest’ and ‘Networking’, ‘Connecting’, and ‘Interacting’. FORESTING is the primary social media, a blockchain with economic freedom for content providers. The platform will be able to increase the efficiency and impact of content providers by enabling them to generate new, faster content than traditional social networks. FORESTING is designed to build a network by distributing income though reasonable content generation and on the assessment of the users’ content.

Value Model

PTon Ecosystem

PTON is a coin used in FORESTING. PTON’s market value determines the value of the reward pool for the participants that contribute to FORESTING. Unlike traditional mining methods, PTON is created by the contribution of participants to FORESTING. PTON guarantees that people who contribute to FORESTING benefit from the app.

Truffle Framework

The development framework for issuing tokens uses the Truffle Framework, and the Open Zeppelin Contract Library, which conforms to standard interfaces such as ERC20, is available and can automatically handle a series of processes for developing smart contracts from test to deployment.

FORESTING.testnet Diagram

Testnet Alpha

Amazon EC2 Instance (Ubuntu Server16.04 LTS)

ICO Forecasting

The PTON token will be issued as a total of 24,000,000,000 (24 billion) tokens with ERC-20, with 40 % of the total token set for sale. ICO participants may receive the swap through the listed exchange wallet or the FORESTING wallet after the launch of the FORESTING mainnet.